Wellness Supplements Market worth 249.4 Billion USD by 2020

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MarketsandMarkets Presents
Wellness Supplements Market worth 249.4 Billion
USD by 2020
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The report Wellness Supplements Market by
Product (Dietary Supplements (Vitamin, Mineral,
Protein, Herbal), Functional/Fortified Food
Beverages, Food Intolerance (Gluten-Free,
Lactose-Free), Dermo-Cosmetic Skin Essentials
(Anti-Acne)) - Global Forecast to 2020, analyzes
and studies the major market drivers,
restraints, opportunities, challenges, current
market trends, and strategies impacting the
wellness supplements market along with the
estimates and forecasts of the revenue in North
America, Europe, Asia, and the Rest of the World
(RoW). Browse more than 185 market data tables
with 40 figures spread through 187 pages and
in-depth TOC on "Wellness Supplements Market
by Product (Dietary Supplements (Vitamin,
Mineral, Protein, Herbal), Functional/Fortified
Food Beverages, Food Intolerance
(Gluten-Free, Lactose-Free), Dermo-Cosmetic Skin
Essentials (Anti-Acne)) - Global Forecast to 2020
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The growth of this market is mainly driven by
factors such as rising geriatric population,
growing prevalence of chronic diseases,
rising awareness about benefits of wellness
supplements, rising healthcare costs, and shift
of consumers from care to preventive
health. However,high pricing of these products
and regulatory compliance is likely to restrain
the growth of this market to a certain
extent. The report segments the wellness
supplements market based on products and region.
Based on products, the wellness supplements
market is segmented into dietary supplements,
functional/fortified food beverages, food
intolerance products and dermo-cosmetic
essentials. The dietary supplements segment is
expected to account for the largest share of the
wellness supplements market, by product, in 2015.
Factors driving growth in this segment are rising
geriatric population, growing incidence of
chronic diseases and increasing focus of
consumers towards healthy lifestyles.
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The Wellness Supplements market is a fragmented
market, with several big and emerging players.
Prominent players in the wellness supplements
market include Nestle S.A. (Switzerland),
Abbott Laboratories (U.S.), Amway (U.S.), Otsuka
Holdings Co., Ltd. (Japan), Herbalife Ltd.
(U.S.), Archer Daniels Midland Company (U.S.),
Glanbia plc (Ireland), NBTY, Inc. (U.S.), GNC
Holdings Inc. (U.S.), and Nu Skin Enterprises,
Inc. (U.S.). Other players in the market include
Grupo Omnilife (Mexico), Forever Living (U.S.),
Pola, Inc. (Japan), Shaklee Corporation (U.S.),
and Usana Health Sciences Inc. (U.S.).
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